VAT rate changes from 2016 in Norway

0 comments

From 1 January 2015 the Norwegian reduced VAT rate of 8% will be increased to 10%, this rise is to help fund a proposed cut in corporation tax from 27% to 22% which will be phased in for resident businesses from 2016 to 2018.

A new zero rate of VAT for the supply of electronic newspapers and journals will be brought in by the Norwegian tax authorities from 1 January 2016.